What if mine is the only offer made on a property?
If no other offer to purchase is made to ADOT within the 30-day notice period, the property is sold to the original offeror upon expiration of the 30-day period.
If no other offer to purchase is made to ADOT within the 30-day notice period, the property is sold to the original offeror upon expiration of the 30-day period.
ADOT excess property can be purchased by presenting an offer, also called a Letter of Intent,accompanied by a cashier’s check or money order in the amount of 10-percent of ADOT’s asking price or $100,000, whichever is less, (unless residential 1-percent) as an earnest deposit.
Each asking price is based on a current appraisal of the property. It is the appraiser’s job to determine market value based on their research of the real-estate market.
ADOT sells any real estate that the department determines to be excess, including commercial (developed and vacant), residential and vacant land.
First, check the Properties for Sale and Properties for Rent pages. If the property is not listed, call our office at 602.712.7587 for more information.
Click Dashboard and enter information into any of the fields (i.e., the project number, the agreement number, the entity name [this will show all agreements with that entity], etc.).*
OR
Hover over the Dashboard tab. A drop-down box will appear. Click Agreement Search and enter the information into any of the fields.*
*Note: Information can be entered into more than one field when searching for an agreement.
You can find it under the Summary tab of the agreement or under the Approvals tab of the agreement.
Enter all reference information in the comment section under the Agreement tab.
Only agreement numbers can be initiated in the CAR System; project numbers are initiated with the project master. If the agreement is for a project with an ADOT project number, the ADOT project number must be in Advantage before proceeding.
Email [email protected] or [email protected] and provide the contact information to be added (i.e., name of entity, address, phone number, and email address.).